Selwyn Times: March 27, 2019
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2<br />
[Edition datE] 21<br />
Building blocks<br />
to a new home<br />
When building a new home, here’s a reminder<br />
to pay attention to some of the fine details...<br />
Anyone intending to build a new home<br />
should have the builder’s contract checked<br />
out by an experienced lawyer.<br />
A payment schedule can also minimise<br />
financial risks. Issues that you may have to<br />
deal with include:<br />
the deposit, guarantees and warranties<br />
If you want to compare building<br />
companies, it’s important to get down<br />
to finer details such as how many power<br />
points there are per room, the type of<br />
windows you are having or which paint<br />
finishes are included.<br />
Questions to ask builders include:<br />
• Do you have a<br />
completion guarantee<br />
and how does it work?<br />
• Is there a loss of<br />
deposit guarantee?<br />
• Is the company a<br />
Registered Master<br />
Builder and does<br />
it use third-party<br />
written guarantees?<br />
• What is the schedule<br />
for payments?<br />
• How are the deposit<br />
and progress<br />
payments<br />
administered?<br />
• Are they held in a solicitor’s trust fund?<br />
• Will the master franchisor complete<br />
the build if the franchisee goes out of<br />
business<br />
• What are the exact specs?<br />
• Are the prices fixed?<br />
• What is excluded from the build?<br />
• Are there any restrictions on<br />
driveways or any other connections?<br />
• Can you speak with clients who have<br />
just completed a build?<br />
Do your homework before you decide on a<br />
building company and you will have a less<br />
stressful time once the building process<br />
starts.<br />
Visit Our New<br />
Showhome Village<br />
Featuring seven of Canterbury’s<br />
leading building companies<br />
The Flemington Showhome Village is now open.<br />
Find your perfect house and land package within a well regarded<br />
community. Each home site has been created to enjoy the best<br />
possible aspect situated amongst Lincoln’s rural outlook.<br />
First National Real Estate<br />
Sue Mullins<br />
0<strong>27</strong> 244 1325<br />
Visit Us Onsite Corner of Birches Road and Craig Thompson Drive, Lincoln.<br />
Barry O’Neill<br />
021 364 422<br />
www.flemington.co.nz
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